Breaks Categories: News

MondayAug 19, 2019 9:48 am

NetworkNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Receives $1,400,000 Working Capital from Closing of Second Auctus Tranche

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced its August 16, 2019, receipt of $1,400,000 of working capital from the closing of the second tranche of its Stock Purchase Agreement (“SPA”) with Auctus Fund, LLC. According to the update, the payment was triggered by the company’s timely filing of its Form S-1 registration statement with the SEC on July 25, 2019. “Once again Grapefruit executed its plan in a timely fashion, filing the registration statement and receiving the new capital infusion just subsequent to finalizing the IGNG/Grapefruit reorganization as envisioned,” IGNG/Grapefruit CEO Bradley…

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FridayAug 16, 2019 11:55 am

NetworkNewsBreaks – HempFusion, Inc. Closes $36M Private Placement Offering

HempFusion, a leading US hemp-based cannabidiol (“CBD”) company, recently announced the closing of brokered and non-brokered private placements of a total of 28,800,000 units of the company at a price of $1.25 each, resulting in gross proceeds of $36,000,000. The brokered part of the offering, which was comprised of the sale of 26,227,650 units for total gross proceeds of $32,784,563, was completed by a syndicate of agents including Canaccord Genuity Corp., Haywood Securities Inc. and PI Financial Corp. (“the agents"). Each of the units issued consist of one common share and one-half of one common share purchase warrant. Each warrant…

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FridayAug 16, 2019 11:05 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Fulfils Initial Shipment to Ontario Cannabis Store

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced the completion of its first shipment to the Ontario Cannabis Store. The shipment marks TGODF’s official entrance into Canada's recreational market and provides consumers access to the company’s flagship strain, Unite Organic. The Ontario-grown dried flower will be available in select retail locations and at www.OCS.ca. “We are thrilled to introduce Unite Organic dried flower to Ontario adult consumers. Launched earlier this year with our Grower's Circle, Unite Organic was highly praised by medical patients. Our small pilot confirmed that market demand…

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FridayAug 16, 2019 10:35 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints Ian Klassen to Board of Directors

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced a new appointment to its board of directors. Ian Klassen joins the board and will additionally serve as chair of the company's audit committee. Klassen brings nearly 30 years of experience in business management, public relations and government affairs to the company. His background includes serving as chief of staff to the Canadian Speaker of the House of Commons, as well as extensive experience in the administration of public companies, finance, government policy, media relationship strategies, business/government project management and legislative decision-making. “I would like to welcome Ian to our team,”…

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FridayAug 16, 2019 9:37 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Companies Enter Purchase and Supply Agreement, Demonstrate Thriving Ecosystem

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the entry of its portfolio companies, James E. Wagner Cultivation Corporation ("JWC") (TSXV: JWCA) (OTCQX: JWCAF) and TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), into a purchase and supply agreement, demonstrating collaboration and synergy that is seen throughout the Canopy Rivers ecosystem. Under the agreement, JWC will supply cannabis flower and oils to TerrAscend, which will then be made available for purchase on TerrAscend's online medical sales platform, Solace Health. The platform will provide JWC with exposure to thousands of registered medical patients across Canada. “The collaboration between JWC and TerrAscend is…

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FridayAug 16, 2019 9:27 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) to Release Q2 2019 Financial Results, Host Conference Call

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Thursday announced that the company will be releasing its second quarter financial results after the markets close on Wednesday, August 28, 2019. The company’s senior management will be hosting a conference call to discuss the results on Thursday, August 29 at 10:00 AM ET. To join the call, dial 647-427-7450 or 1-888-231-8191 using the conference ID 4479716. A replay of the call will be available until Thursday, September 5. To listen to the replay, dial 416-849-0833 or 1-855-859-2056 using the reference number 4479716. To join the live webcast, visit http://nnw.fm/q43X9 To view the…

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ThursdayAug 15, 2019 3:15 pm

NetworkNewsBreaks – Predictive Oncology, Inc. (NASDAQ: POAI) Subsidiary Partners with UPMC to Develop AI-Powered Method to Treat Ovarian Cancer

Predictive Oncology’s (NASDAQ: POAI) subsidiary Helomics in July announced a joint collaborative agreement with the University of Pittsburgh School of Medicine (“UPMC”) to study the use of Helomics’ artificial intelligence (“AI”) platform (D-CHIP)(TM) to improve clinical decision making for ovarian cancer patients. The platform will be employed to analyze the genomic and drug response profiles of women with ovarian cancer to establish predictive value in terms of response or non-response to therapy. UPMC Enterprises, the commercialization and innovation arm of UPMC, will fund the work performed under the collaboration. “Helomics has pioneered the testing of drugs on patients’ own tumors…

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ThursdayAug 15, 2019 12:37 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Releases Q2 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today released its financial results for the second quarter ended June 30, 2019, and provided a business update. Among second quarter financial results, the company reported the following increases compared to the same period last year: transaction processing volume of approximately $950 million, an increase of 8.5 percent; approximately 28.8 million transactions processed, an increase of 9.7 percent; and $15.7 in revenue for North American Transaction Solutions, an increase of 9 percent. “The first half of this year was instrumental in positioning the Company for further growth as we enter…

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ThursdayAug 15, 2019 12:32 pm

NetworkNewsBreaks – Sunnova Energy International, Inc. (NYSE: NOVA) Closes $168 Million IPO

Sunnova Energy International (NYSE: NOVA) has closed its initial public offering of 14,000,000 shares of its common stock. According to the update, the offering resulted in gross proceeds of approximately $168 million for Sunnova, with each of the shares sold at the public offering price of $12.00. The company has granted the underwriters a 30-day option to purchase an additional 2,100,000 shares at the initial public offering price. The shares began trading on the New York Stock Exchange under the ticker symbol “NOVA” on July 25, 2019. ROTH Capital Partners acted as co-manager for the offering. To view the full…

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ThursdayAug 15, 2019 12:01 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Files Q2 Form 10-Q, Showing More Than Doubled YOY Revenue Increase

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that it has filed Form 10-Q for the quarterly period ending June 30th, 2019. According to the update, the company has more than doubled its revenue in 2019 compared to the same period last year, reflecting an increase from $311,237 in 2018 to $856,859 in 2019. “We are very excited about the growth and path we are on,” SING President Wil Ralston said in the news release. “This is another step in the right direction for SinglePoint. We look forward to showing an even larger increase in Q3 as we…

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